RCBC CREDIT CARD FEES: List of Fees & Charges Under Classic Credit Cards

List of RCBC Credit Card Fees & Charges (Classic Cards)

RCBC CREDIT CARD FEES – Here is a list of the charges under the Rizal Commercial Banking Corp.’s classic cards.

Aside from the RCBC Home Loan and the RCBC Auto Loan, the bank also offers credit cards to the public. These are essential most especially in the face of emergency situations.

With a credit card, you can abruptly make payments of utility bills, school fees, hospital bills,etc. You may also use it for travel and shopping purposes and as well as dining out.

RCBC tags its credit card as “Bankard”. It has several types of credit cards and the classic ones offer a lot of benefits including the following:

• Cash Rebates
• Shopping Vouchers at Top Establishments
• Cash Credit
• Deposit to RCBC Accounts

Another benefit offered by the bankard is with regards to the RCBC credit card fees. It offers affordable charges on being a holder of the said card including certain processing fee.

Based on the official website of Rizal Commercial Banking Corp., here is a list of the RCBC credit card fees and charges:

• Membership Fee Principal – Php 1,500.00 per year
• Membership Fee Supplementary – Php 750.00 per year
• Monthly Interest Rate/ Monthly Effective Interest Rate – 3.50% / 3.54%
• Returned Check Fee – Php 1,000.00
• Invoice Retrieval Fee – Php 150.00
• Card Replacement Fee – Php 300.00
• Cash Advance Fee – 3% of cash amount availed of or Php 500.00 / US$10, whichever is higher, and an interest charge at the prevailing rate which will be computed from availment date until full payment date
• Late Payment Fee – Php 400.00 / US$8; in cases of multiple past dues occurrences exceeding 3 months for the past 12 months: Php 500.00 / US$10 (4 to 6 months) or Php 600.00 / US$12 (7 months and above)
• Installment Pre-Termination Fee – 5% of the unpaid principal amount or P500, whichever is higher
• Cash Loan and C.H.A.R.G.E Processing Fee – Php 150.00
• Service Fee for Foreign Currency Transactions – 3.50% (Mastercard/Visa/JCB/UnionPay assessment fees and the Bank’s service fee)
• Multiple Payment Fee – Php 40.00 for every payment in excess of 3 payments within a statement cycle in non-RCBC payment channels
• Dormancy Fee – Php 200.00 / US$4 per month
• Over Limit Fee – Php 500.00
• Minimum Amount Due – Php 500.00 / US$15 or the sum of (a) 5% of Total Amount Due, whichever is higher

To apply for a credit card to Rizal Commercial Banking Corp., you may visit – RCBC Credit Card: How To Apply For RCBC Credit Card.